GAIA, INC — Director's Dealing 2011

May 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAIAM, INC (GAIA)
CIK: 0001089872
Period of Report: 2011-05-16

Reporting Person: MOWRY BARBARA (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-16	Class A Common Stock	M	5000	$5.00	Acquired	46996	Direct
2011-05-16	Class A Common Stock	M	2500	$5.15	Acquired	49496	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-16	Stock Option (right to buy)	$5.00	M	5000	Disposed	2015-11-13	Class A Common Stock (5000)	Direct
2011-05-16	Stock Option (right to buy)	$5.15	M	2500	Disposed	2016-04-23	Class A Common Stock (2500)	Direct